Hey all!
My overall allocation for everything is:
93% stocks
7% bonds.
My goal is a 70-30 split.
For the past four months or so, I've been adding my entire IRA contribution into bonds. Spouse has not yet done this yet will start soon. My understanding is I do *not* want to buy bonds with a taxable account, so that is why I am purchasing via the IRA.
It's slow going because I am still contributing heavily to stocks via my 401K and via spouse's 401K. Overall, although I am adding more to bonds, I am still adding more to stocks. Since I am adding to both piles, the overall ratio of stocks to bonds is not improving and I am not reaching my goal.
Obviously, one part of the solution is to get spouse to start contributing to bonds via the IRA too.
Is the solution here to add more $$ to bonds via the 401ks?